//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Bloom Foundation is a private trust based in POTOMAC, MD. The foundation received its IRS ruling in 2009. It holds total assets of $1.5M. Annual income is reported at $810K. Total assets have grown from $1.2M in 2011 to $1.6M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Funding is distributed across 5 states, including District of Columbia, Maryland, New York. According to available records, Bloom Foundation has made 38 grants totaling $644K, with a median grant of $15K. Annual giving has grown from $104K in 2020 to $142K in 2023. Grantmaking activity was highest in 2022 with $288K distributed across 16 grants. Individual grants have ranged from $1K to $50K, with an average award of $17K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Massachusetts, which account for 66% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$14K
Average Grant
$16K
Largest Grant
$45K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bloom Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in NY, DC, MA.
Bloom Foundation has distributed a total of $644K across 38 grants. The median grant size is $15K, with an average of $17K. Individual grants have ranged from $1K to $50K.
Bloom Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bloom Foundation is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathleen R Parsons | TRUSTEE | $0 | $0 | N/A |
Total Giving
$174K
Total Assets
$1.6M
Fair Market Value
$2.7M
Net Worth
$1.6M
Grants Paid
$142K
Contributions
N/A
Net Investment Income
$38K
Distribution Amount
$131K
Total Grants
38
Total Giving
$644K
Average Grant
$17K
Median Grant
$15K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Innocence ProjectHELP PEOPLE IN NEED | New York, NY | $45K | 2023 |
| Partners In HealthHELP PEOPLE IN NEED | Boston, MA | $25K | 2023 |
| Operation SmithHELP PEOPLE IN NEED | Washington, DC | $25K | 2023 |
| NaehHELP PEOPLE IN NEED | Washington, DC | $20K | 2023 |
| What If FoundationHELP PEOPLE IN NEED | Berkeley, CA | $15K | 2023 |
| FairvoteHELP PEOPLE IN NEED | Takoma Park, MD | $10K | 2023 |
| Stepping Stones ShelterHELP PEOPLE IN NEED | Rockville, MD | $1K | 2023 |
| WamuHELP PEOPLE IN NEED | Washington, DC | $1K | 2023 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD